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The Latest in cryptocurrency
Blockchain
August 23, 2022
Australian Sports Betting Regulator Seeks Input on Crypto
Australia’s Northern Territory Racing Commission, a sports betting regulator which oversees the licensing platform for interactive and land-based wagering operators in the country, is now putting in requests for public consultation on the use of cryptocurrencies as a viable payment method in the industry. Cryptocurrencies Explored as Viable Payment Option As cryptocurrency use becomes more […]
Sports
August 12, 2022
Duelbits Becomes Aston Villa’s European Betting Partner
UK Premier League team Aston Villa announced that crypto casino and sportsbook operator Duelbits would become the team’s official European betting partner for the 2022/23 season. The Duelbits logo will be visible pitch-side during Villa’s domestic games. Duelbits Is Still Relatively Young and Niche Duelbits is an online casino and sportsbook operator targeting the cryptocurrency […]
Blockchain
July 29, 2022
Apple and Google Asked How They Review Bogus Crypto Apps
Apple and Google are once again in the midst of it, caught in the latest controversy over cryptocurrency scams. While the companies are said to bear no direct responsibilities for nefarious partying using their solutions to conduct unlawful business, Sen. Sherrod Brown begs to differ. Senator Addresses Tech Giants for Explanation on Scammy Apps The […]
Blockchain
July 15, 2022
South Park Roasts Crypto and Matt Damon in Latest Episode
South Park’s latest featured movie, “The Streaming Wars Part 2,” is back and pillorying celebrities who have endorsed cryptocurrencies and blockchain digital assets. The latest installment in the South Park series focuses on Hollywood actors Matt Damon, Reese Witherspoon, and Gwyneth Paltrow, among others. Crypto as Effective as Recycled Water to Fight Drought The episode […]
Blockchain
June 6, 2022
New Report Urges Australians to Beware of Crypto Scams
A new report warns Australians to be wary of scams related to cryptocurrencies as the costs of such scams on retail consumers have been growing. Australians Lost More than $163M to Scams This Year Released by the Australian Competition and Consumer Commission (ACCC), which is the country’s chief competition regulator, the report includes recent data […]
Sports
May 26, 2022
DraftKings CEO Jason Robins Talks Crypto Sports Betting
DraftKings CEO Jason Robinson is confident that cryptocurrencies will play a more prominent role in the sports betting and gaming ecosystem. In fact, DraftKings has not waited for events to catch up to it and is already blazing a trail with its dedicated DraftKings Marketplace which is centered around non-fungible tokens (NFTs). Cryptocurrency Betting Coming […]
Blockchain
May 5, 2022
Theo de Vries: “People Are Addicted to Cocaine and Crypto”
Gambling addiction is creeping on crypto traders in almost imperceptible ways and then it’s too late. The story of Dr Theo de Vries, the managing director of The Diamond Rehab, which focuses on drug and alcohol treatment, in Thailand is one that should resonate with people around the people. According to de Vries, people are […]
Blockchain
April 25, 2022
Crypto Traders Recount How They Developed Gambling-Like Addiction
Stevie Rojas recently spoke to Bloomberg going into detail about how he got hooked on crypto trading and how a gambling-like addiction took over his life choices. Now, though, Rojas is clean and has quit what he considers a bad habit in retrospect. Rojas’ introduction to cryptocurrencies followed a familiar formula. He is one of […]
Blockchain
April 22, 2022
Crypto Gamble Pays Out $163B to Investors in 2021
Cryptocurrencies are a gamble. Their value may go up, but then again – it may go down. Much of the value of crypto seems to be unpegged to any central authority and prone to sudden swings, and therefore much more akin to gambling than investing in the stock market, for example. However, 2021 was a […]
Casino
April 18, 2022
Regulators Are Concerned About How Crypto Casinos Expose Users to Harm
While most states are yet to approve online casino gambling, the decentralized nature of cryptocurrency has allowed crypto casinos to flourish. Here is how this market’s intricacies affect gambling, according to NBC News’ Kevin Collier. Crypto Casinos Are the Pick of Many Bettors As of now, only six states have regulated online casino industries. However, […]